IMPORTANT NOTICES Property are not described in the catalogue, this does defects or imperfection or beautification process. not relied upon any representation or other information a valid reason to withdraw or cancel the bid and not mean that the Property has no weakness or defects. Beautification processes of coloured gemstones, such (whether oral or written) by Poly Auction (Hong Kong) or delay payment for the auctioned item. Buyers should as heat enhancement, oiling or irradiation, etc, have by the seller. cautiously inspect the auctioned item during collection. ▲ been generally accepted by the international jewellery Condition Grades of Watches Upon acknowledging receipt of the auctioned item by markets. If Poly Auction (Hong Kong) has obtained Grading 1: As new. ?e timepiece appears with neither the buyer (or his agent), the buyer confirms that he or The auctions held by Poly Auction (Hong Kong) Limited gemological reports from internationally recognized signs of use nor ownership over time. ?e movement is she has accepted the state and quality including but (“Poly Auction (Hong Kong)”or“our company”) are gemological laboratories for the Lot(s), all known in working order when cataloguing. not limited to any defect or ?aw on, e.g. the packaging, conducted according to the Conditions of Business, important facts and conditions of the Lot(s) have Grading 1.5: In excellent condition. The timepiece labels, level of wear and tear, cork, etc., of the auctioned Important Notices, Important Notices about Bidding contained in the catalogue, our Company assumes no appears with extremely slight signs of ownership over items without any objection. Registration, Important Notice about Payment and responsibility for the accuracy of the reports. It may time. It may exhibit very slight hairline scratches on the Important Notice about Storage Collection Shipping and not be feasible for Poly Auction (Hong Kong) to obtain case but no obvious signs of use. The movement is in LANGUAGE Export, and anyone participating in the auction should laboratory reports for all Lot(s), the estimates are based working order when cataloguing. The Chinese version of the Conditions of Business, read the terms carefully. These Conditions and rules on all known information at the moment. Bidders must Grading 2: In very good condition. ?e timepiece appears Important Notice, Explanation of Cataloguing Practice, may be revised by announcement or verbal noti?cation inspect conditions of the Lot(s) by themselves before with slight signs of use over time. It may exhibit slight Important Notice about Bidding Registration, Important without prior notice. the auction. Any dissent about conditions of the Lot(s) scratches on the case. ?e movement is in working order Notice about Payment, Important Notice about after the bid shall not justify rescission or cancellation when cataloguing. Storage Collection Shipping and Export and all other The following pages are designed to give you useful RESTRICTED MATERIALS 1 of a sale or any delayed payment. If bidders request a Grading 2.5: In good condition. The timepiece appears documents such as the terms, conditions, notices, forms information on how to bid at auctions. Poly Auction (Hong Properties with a symbol have been identified 1.5 designated laboratory report for any Lot(s), such request with obvious signs of use and scratches on the case. ?e etc. contained in this catalogue, announced by the Kong)’s sta? as listed at the front of this catalogue will to be made of or containing restricted materials at should be raised out 14 workings days before the auction movement is in working order when cataloguing. auctioneer or provided at the saleroom as well as the be happy to assist you. However, it is important that you the time of the compiling of the catalogue, and the 2 and at their own cost. Bidders should also be aware Grading 3: In fair condition. The timepiece appears descriptions of the Properties in this catalogue of our read the following information carefully and note that materials concerned may be subject to import and 2.5 that Lot(s) containing jadeite or gemstones originating with very obvious signs of use and scratches/defects. Company shall be binding and the English version is for Poly Auction (Hong Kong) acts for the seller. export restraints. Properties without this symbol it is not 3 from Burma may not be allowed to be imported into the Maintenance may be required. reference only. guaranteed that Properties are not subject to import U.S.. This will not constitute a ground for rescission or For more details, please refer to the Condition Report for PROVENANCE and export restraints. For items made of botanic or cancellation of a sale or any delayed payment. each Lot. COPYRIGHT In certain circumstances, Poly Auction (Hong Kong) may animal materials (coral, crocodile, ivory, whalebone, Lot(s) of clocks and watches in the catalogue will ?e copyright of this catalogue belongs to our Company. print in the catalogue the history of ownership of a work tortoise, rhinoceros horn and Brazilian Rosewood, etc.) be sold at current status (i.e. as is). Bidders should Condition Grades of Handbags Without the written permission of our Company, no parts of art if such information contributes to scholarship or or containing botanic or animal materials, regardless personally inspect the conditions of the Lot(s) before Grading 1: As new. Appears never to have been used. It of this catalogue shall be reproduced in any way or used is otherwise well known and assists in distinguishing of their year or value, may require an application for the auction. Descriptions of the Lot(s) in the catalogue exhibits no signs of wear. in any other way. the work of art. However, the identity of the seller or permits or certificates before exporting outside Hong are for reference only. The absence of a description Grading 1.5: In mint condition; virtually new and unused previous owners may not be disclosed for a variety of Kong, and other application for permits or certificates does not imply that the Lot(s) is in good condition, free with very minor signs of ownership over time. RIGHT OF INTERPRETATION reasons. For example, such information may be excluded may be required when importing into countries outside from defects or restorations. Descriptions only reflect Grading 2: In pristine condition. To the untrained eye, it ?e right of interpretation in respect of the Conditions of to accommodate a seller’s request for con?dentiality or Hong Kong. Please pay attention that the ability to obtain subjective opinions of experts of Poly Auction (Hong may appear brand new. ?ere may be a slight condition Business, Important Notice, Explanation of Cataloguing because the identity of prior owners is unknown given export permits or certificates does not ensure that Kong), it is not a statement of facts, nor a complete note, but overall the piece is in excellent condition. Practice, Important Notice about Bidding Registration, the age of the work of art. import permits or certi?cates can be obtained in another record of all repairs, component replacements or Grading 3: In excellent condition. ?is is a piece that has Important Notice about Payment, Important Notice country and vice versa. For example, importing ivory restorations. Poly Auction (Hong Kong) makes no seldom been used and shows little to no wear. ?ere may about Storage Collection Shipping and Export and all for fewer than 100 years is illegal in the USA. Bidders guarantee on operation, water-resistance, authenticity be small condition issues to note overall the piece is in other documents such as the terms, conditions, notices, should enquire about the import regulations on products and originality of individual parts (including watchstrap) excellent condition. forms, etc. contained in this catalogue, announced by made of or containing wild animals and plants materials of the Lot(s). In addition, bidders should be aware of the Grading 4: In very good condition. ?is piece may show the auctioneer or provided at the salesroom, shall be of the governments concerned before participating in an import restrictions of the U.S. concerning luxury watches. signs of light wear. It is in very good condition but the exercised by our Company. auction. Buyers must be responsible for obtaining any Where the tone, colour, graduation shape or any corners may show signs of light scu?ng, the base may export or import permits/or certificates and any other other feature of the Lot shown in the catalogue and/ show light scratches, and the hardware may exhibit light documents required. or any other illustrations, images and public materials marks. differ from those of the original Lot due to printing, Grading 5: In good condition. ?is piece shows signi?cant 20% ELECTRICAL APPLIANCES AND MECHANICAL 1 photography or other technical reasons, the original Lot wear. ?ere are condition issues that will be noted in the MERCHANDISES 1.5 shall take precedence. Any introduction and appraisal of condition report. BUYER S PREMIUM All electrical appliances and mechanical merchandise 2 any Lot made by the Company and its employees or its Grading 6: In fair condition. ?is piece shows signi?cant A buyer’s premium will be added to the Hammer Price are sold on an “as is” basis, and should not be assumed agents in any way (including the certificate, catalogue, wear and/or damage. It may require repair or and is payable by the buyer as part of the total purchase that they operate. Before putting into any use, electrical 3 slideshow and news media) are only opinions for refurbishment in order to be used. Condition issues will price. ?e buyer’s premium is 20% of the hammer price appliances must be inspected and approved by quali?ed reference and do not constitute any guarantee for the be noted in the condition report. of each Lot up. electric technicians. 4 Lot. The Company and its employees or agents shall undertake no liability for any inaccuracy or omission in () CONDITIONS OF THE PROPERTIES 5 the aforesaid introduction or appraisal. Bidder must review the Lot(s) in the preview before the Condition reports and grades are provided free of charge ALCOHOL AND TEA auction, and bear all responsibilities (including but not JEWELRY, WATCHES AND HANDBAGS as a convenience to our buyers and are for guidance The descriptions about the auction of alcohol and limited to legal liability and/or responsibility) of their Description of the conditions of Jewelry Lot(s) usually only. They are not an alternative for examining a lot in tea are being stated in the catalogue. Our Company bidding acts. For more information on the Properties, contained in the catalogue, however, absence of a person or taking your own professional advice from reminds bidders to learn more about the auctioned please consult our business sta?. If the conditions of a description does not imply that the Lot(s) is free from Specialists. Bidders must inspect the conditions of the products before bidding. Bidder’s participation in Lot (s) by themselves before the auction. Any dissent bidding at auction is deemed as the bidder’s approval about conditions of the Lot (s) after the bid shall not and acceptance of the package, quality and status of justify rescission or cancellation of a sale or any delay in the auctioned items. Any different opinion formed by payment. ?e condition of lots sold in our auctions can the bidders after successful bidding, will not constitute vary widely due to factors such as age, previous damage, restoration, repair and wear tear. ?e grading of watches is based on the general condition, quality, technical and historical interest, age and rarity of each timepiece. Lots are sold “as is,” in the condition they are in at the time of the sale, without any representation or warranty as to condition by Poly Auction (Hong Kong) or by the seller. ?e buyers acknowledge and agree that any sale is entirely the buyers’ decision, and the buyers have